Mariscal Abogados advises Heavytech Group on the strategic acquisition of Hispano Lusitana de Aviación
Mariscal Abogados has advised the Cypriot business group Heavytech, a leading aviation MRO (Maintenance, Repair, and Overhaul) operator, in its acquisition of 100% of the shares of the Spanish company Hispano Lusitana de Aviación, The firms M&A team provided comprehensive legal support throughout the entire transaction, from the initial due diligence to the negotiation and signing of the share purchase agreement.
HeavyTech MRO, a well-known provider of aircraft maintenance, repair and overhaul (MRO) services, specializes in ensuring the highest levels of safety, efficiency and performance of aviation assets. Servicing military and commercial aircraft worldwide, the company is known for its advanced technology and highly skilled professionals, and offers tailor-made solutions for fixed and rotary wing aircraft. Based in Cyprus, Heavytech has established a strong international presence, with representation in Bulgaria, Romania and Egypt.
The acquisition of Hispano Lusitana de Aviación marks Heavytech’s entry into the Spanish market as part of its strategy to expand its presence in Europe and diversify its services. Spain’s strong aviation industry, with its extensive network of airports and airlines, offers significant growth opportunities as Heavytech seeks to expand its customer base and enhance its service capabilities.
Strategic plans for Hispano Lusitana de Aviación
Following the acquisition, Heavytech plans to expand HLA’s operations by signing new agreements with international airlines and increasing its workforce. Leveraging HLA’s strong presence at Spanish airports, Heavytech will integrate its advanced MRO capabilities to expand its service portfolio. This strategic growth will enhance Heavytech’s market position and create new employment opportunities in the Spanish aeronautical sector.
Heavytech MRO now has 20 years of experience in line and base maintenance activities and intends to expand its line maintenance services throughout Europe. The company also plans to build new hangars in Spain and Poland to strengthen its base maintenance capabilities.
Mariscal Abogados’ experience in cross-border M&A transactions
This transaction highlights the Spanish law firm’s expertise in cross-border mergers and acquisitions in regulated sectors such as aviation. Led by M&A partner José María Mesa, with the support of associates Mercedes Guitián and Carla Rissmann, the legal team ensured compliance with the Cypriot and Spanish legal frameworks.